Iwami Town: property prices and land values

岩美町

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
¥12K/m²
≈ $7/sq ft · 4 sites
#1324 of 1795 municipalities in Japan
Avg. commercial land price
¥25K/m²
≈ $15/sq ft · 1 sites
1-year change
−0.5%
Residential −0.5% · commercial −0.4%
5 years / 10 years
−3.6% / −10.7%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
¥3.0M
≈ $19K · 3 sales
Real Estate Zukan Index
33/100
#1211 in Japan
Total real estate value Estimate
¥50.1 billion
≈ $318.77M · land ¥31.4 billion + buildings ¥18.7 billion
#1203 of 1719 municipalities

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥0/m²¥20K/m²¥40K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.5% a year
¥12K/m²¥12K/m²¥11K/m²¥11K/m²¥11K/m²

Forecasts are projections, not guarantees. 10-year range: ¥9,091/m²–¥13K/m²

Total real estate value of Iwami Town land and buildings · estimated from FY2025 assessed values for fixed-asset tax

Total value (market estimate)
¥50.1 billion
≈ $318.77M · 0.00% of Japan
Land (market estimate)
¥31.4 billion
residential land ¥27.4 billion
Buildings (assessed)
¥18.7 billion
10,469 buildings · 1.0 km² floor area
Assessed value (fixed-asset tax)
¥41.9 billion
land ¥23.2 billion · buildings ¥18.7 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥19.2 billion¥27.4 billion2.4 km²¥12K/m²
Other land
farmland, forest, other
¥4.0 billion¥4.0 billion50.6 km²—
Buildings
wooden ¥12.3 billion · non-wooden ¥6.4 billion
¥18.7 billion¥18.7 billion1.0 km² floor—
Total¥41.9 billion¥50.1 billion

Market estimate: residential land is assessed at about 70% of official land prices, so its assessed value is divided by 0.7; other land and buildings are shown at assessed value. Tax-exempt land and buildings (roads, parks, etc.) are not included. Source: Ministry of Internal Affairs and Communications, survey of fixed-asset values (FY2025, by municipality), compiled by Fudosan Zukan.

Iwami Town compared with larger areas

AreaAvg. residential≈ USD/sq ftIwami Town is1 year5 yearsCondos per m²Index
Iwami Town ¥12K/m²$7/sq ft −0.5%−3.6% —33
Tottori ¥23K/m²$14/sq ft 0.50x−0.4%−3.3% ¥243K/m²14
Japan ¥120K/m²$71/sq ft 0.10x+2.1%+8.0% ¥493K/m²—

Neighborhoods 16 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Oaza Uradome
浦富
¥22K/m² ¥25K/m² −0.2% −2.7% — 7
Oaza Otani
大谷
¥15K/m² — ±0.0% −3.2% — 3
白地
白地
¥5,550/m² — −0.9% −4.3% — —
院内
院内
¥4,450/m² — −1.1% −5.3% — —
Oaza Makidani
牧谷
— — — — — 4
Oaza Iwai
岩井
— — — — — 6
Oaza Nii
新井
— — — — — 2
Oaza Takayama
高山
— — — — — 4
Oaza Uji
宇治
— — — — — 1
Oaza Onji
恩志
— — — — — 2
Oaza Honjo
本庄
— — — — — 2
Oaza Tonomura
外邑
— — — — — 1
Oaza Gamo
蒲生
— — — — — 1
Oaza Engoji
延興寺
— — — — — —
Oaza Iwamoto
岩本
— — — — — —
Oaza Arai
洗井
— — — — — 1

Official land price survey sites highest first · 5 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
鳥取県 岩美郡岩美町大字浦富字肥田1039番19
Land Price Publication 2026
Commercial¥25K/m²$15/sq ft −0.4%岩美
300 m
鳥取県 岩美郡岩美町大字浦富字竹ケ下1028番12
Land Price Publication 2026
Residential¥22K/m²$13/sq ft ±0.0%岩美
300 m
鳥取県 岩美郡岩美町大字大谷字中日比野屋敷537番
Land Price Publication 2026
Residential¥15K/m²$9/sq ft ±0.0%大岩
1.6 km
鳥取県 岩美郡岩美町大字白地字小山前165番4
Prefectural Survey 2026
Residential¥5,550/m²$3/sq ft −0.9%農家住宅が多い古くからの住宅地域
鳥取県 岩美郡岩美町大字院内字屋敷247番外
Prefectural Survey 2026
Residential¥4,450/m²$3/sq ft −1.1%農家住宅が建ち並ぶ山間の住宅地域

Transaction prices MLIT Real Estate Information Library · last 2 years · 34 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
¥3.0M
Land per m² (median)
¥7,500/m²

Sales in the loaded period: Farmland 20 · Land 20 · Land & building 7 · Forest 5

DistrictPeriodTypePriceAreaBuiltPer m²
Oaza TonomuraQ2 2026Forest ¥30K1,200 m²——
Oaza TakayamaQ2 2026Farmland ¥270K2,000 m²——
Oaza NiiQ1 2026Land ¥2.8M115 m²—¥24K/m²
Oaza GamoQ1 2026Land ¥360K250 m²—¥1,500/m²
Oaza UradomeQ1 2026Land & building ¥3.0M90 m²1970—
Oaza IwaiQ1 2026Farmland ¥200K1,400 m²——
Oaza NiiQ4 2025Farmland ¥140K1,900 m²——
Oaza MakidaniQ4 2025Farmland ¥42K2,100 m²——
Oaza UradomeQ4 2025Farmland ¥67K3,300 m²——
Oaza MakidaniQ4 2025Farmland ¥100K1,000 m²——
Oaza IwaiQ4 2025Land ¥200K65 m²—¥3,000/m²
Oaza OnjiQ4 2025Farmland ¥130K1,000 m²——
Oaza OnjiQ4 2025Farmland ¥320K2,600 m²——
Oaza TakayamaQ4 2025Farmland ¥160K2,300 m²——
Oaza IwaiQ3 2025Farmland ¥200K1,300 m²——
Oaza IwaiQ3 2025Land & building ¥2.5M100 m²1956—
Oaza TakayamaQ3 2025Farmland ¥50K1,600 m²——
Oaza MakidaniQ3 2025Farmland ¥290K2,900 m²——
Oaza HonjoQ3 2025Land ¥500K180 m²—¥2,800/m²
Oaza HonjoQ3 2025Land ¥1.5M460 m²—¥3,200/m²

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

Market activity
17
1-year growth
44
5-year growth
41
10-year growth
38
Price level
26

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Iwami Town?

The average price of residential land in Iwami Town is ¥11,675 per m² (about ¥38,595 per tsubo), based on 4 sites in the official land price surveys (2026).

Are land prices in Iwami Town going up?

Land prices in Iwami Town have fallen by -0.5% on average over the past year. Over five years the change is -3.6%.

What is the land price forecast for Iwami Town?

The Fudosan Zukan model projects residential land prices to change by -0.5% a year, reaching about ¥11,086 per m² in 10 years (range ¥9,091–¥13,081). Forecasts are projections, not guarantees.

What is the total value of real estate in Iwami Town?

About ¥50.1 billion: land ¥31.4 billion and buildings ¥18.7 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥41.9 billion).

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥157.25 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.